Michael DeMarco, CEO of Mack-Cali RealtyCorp.
JERSEY CITY, NJ—Nine months after dissident investor group BowStreet LLC helped elect four independent directors to the Mack-CaliRealty Corp. Board, the New York City-based firm is now calling forthe removal of Mack-Cali CEO Michael DeMarco.
Bow Street, a New York City-based investment firm that ownsapproximately 4.5% of the outstanding shares of common stock ofMack-Cali Realty Corp., is also calling for the election of fouradditional new directors to the Mack-Cali Board of Directors.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
